Japan's Seven Bank expands into Malaysia, targets 100 CRM units at 7-Eleven stores this year

Quick Summary:

KUALA LUMPUR: Seven Bank Ltd, the banking business of the 7-Eleven group in Japan, has expanded its business to Malaysia, targeting to install 100 units of Cash Recycling Machines (CRM) at selected 7-Eleven stores in Kuala Lumpur, Selangor, Johor and Penang this year.

Currently, there are 2,600 7-Eleven stores in Malaysia.

He said the expansion into Malaysia is the fourth outside of Japan, after the United States, Indonesia and the Philippines with over 21,000 ATM installations by 2024.

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Article Details

Category: EconomyBusiness

Markets: MalaysiaIndonesiaJapanPhilippinesUnited States

Topics: CRM ATM Seven Bank Reachful Convenience store 7-Eleven /Business/Business News CDM Banking

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-20 @ 16:45:00 (10 hours ago)

News Timezone: GMT +8:00

News Source URL: thestar.com.my

Language: English

Article Length: 401 words

Reading Time: 3 minutes read

Sentences: 15 lines

Sentence Length: 27 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © The Star

News ID: 25280153

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Main Topics: EconomyBusiness

Official Website: thestar.com.my

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Year Established: 1971

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